First Trust Cloud Computing ETF $SKYY Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets lessened its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 47.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 56,428 shares of the company’s stock after selling 51,180 shares during the quarter. BNP Paribas Financial Markets’ holdings in First Trust Cloud Computing ETF were worth $7,340,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SKYY. Northwestern Mutual Wealth Management Co. grew its holdings in First Trust Cloud Computing ETF by 12,567.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,301,211 shares of the company’s stock valued at $429,422,000 after buying an additional 3,275,151 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in First Trust Cloud Computing ETF by 61.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 154,904 shares of the company’s stock valued at $20,822,000 after buying an additional 58,740 shares during the last quarter. AlphaCore Capital LLC acquired a new stake in First Trust Cloud Computing ETF during the 4th quarter valued at $6,823,000. Marshall Wace LLP acquired a new stake in First Trust Cloud Computing ETF during the 2nd quarter valued at $3,175,000. Finally, Warner Group LLC acquired a new stake in First Trust Cloud Computing ETF during the 3rd quarter valued at $3,279,000.

First Trust Cloud Computing ETF Stock Performance

Shares of NASDAQ:SKYY opened at $136.30 on Wednesday. The business’s fifty day moving average price is $124.78 and its two-hundred day moving average price is $122.62. The stock has a market cap of $2.81 billion, a PE ratio of 33.85 and a beta of 1.24. First Trust Cloud Computing ETF has a one year low of $103.76 and a one year high of $155.76.

First Trust Cloud Computing ETF Company Profile

The First Trust Cloud Computing ETF (SKYY) is an exchange-traded fund that is based on the ISE Cloud Computing index. The fund tracks an index of companies involved in the cloud computing industry. Stocks are modified-equally-weighted capped at 4.5%. SKYY was launched on Jul 5, 2011 and is managed by First Trust.